Denver FHA Loan Rates, Closing Costs & Stats

DENVER-AURORA-LAKEWOOD, CO

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Denver's 250 lenders originated 16,540 FHA loans during 2021. The total origination value was $6,115,990,000, with an average FHA loan value of $369,770.

Denver FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Denver averaged -0.03% for the week of 2023-01-20, compared to the national average (all FHA variants) of 0% for the same period.

Denver's average FHA mortgage closing costs are $10,253.

The average rate for the prior week (2023-01-13) was 6.09% and one month ago for the week of 2022-12-16, the average rate was 5.98%.

The average rate one year ago was 3.78%.

For refis of the same type during the week of 2023-01-20, the average rate was -0.42%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Denver FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Denver level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
AMERICAN FINANCING CORPORATION 1,366 2.80% $10,371
UNITED WHOLESALE MORTGAGE, LLC 760 2.65% $10,720
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 750 3.27% $13,507
QUICKEN LOANS, LLC 628 2.59% $9,477
GUILD MORTGAGE COMPANY 500 3.05% $12,746
LAKEVIEW LOAN SERVICING, LLC 426 2.80% $7,368
PRIMARY RESIDENTIAL MORTGAGE, INC. 392 3.12% $13,198
UNIVERSAL LENDING CORPORATION 373 3.12% $12,732
FREEDOM MORTGAGE CORPORATION 372 2.69% $7,450
CALIBER HOME LOANS, INC. 348 2.74% $9,581
Mr. Cooper ( Nationstar Mortgage ) 312 3.01% $6,785
BROKER SOLUTIONS, INC. 309 3.13% $12,104
CROSSCOUNTRY MORTGAGE, LLC 302 3.13% $12,745
LOANDEPOT.COM, LLC 269 2.96% $12,204
HOME POINT FINANCIAL CORPORATION 232 2.65% $10,793
PENNYMAC LOAN SERVICES, LLC 232 2.84% $8,218
Paramount Residential Mortgage Group, Inc. 213 3.11% $11,829
S1L, Inc. 195 3.22% $13,833
Northpointe Bank 187 3.09% $13,270
Amerifirst Financial, Inc. 187 3.07% $11,689
CHERRY CREEK MORTGAGE, LLC 169 3.11% $6,779
NEWREZ LLC 143 2.83% $7,244
NEST HOME LENDING, LLC 142 3.10% $12,530
PLANET HOME LENDING, LLC 136 2.85% $10,242
HOMEAMERICAN MORTGAGE CORPORATION 134 2.80% $9,791
CELEBRITY HOME LOANS, LLC 133 3.01% $12,127
Lakeview Community Capital, LLC 125 2.80% $7,239
Carrington Mortgage Services, LLC 112 3.25% $11,962
CITYWIDE HOME LOANS, LLC 106 3.20% $14,217
EAGLE HOME MORTGAGE, LLC 102 2.97% $14,234
DHI MORTGAGE COMPANY, LTD. 102 3.04% $14,383
Nations Lending Corporation 86 3.15% $13,813
MEGASTAR FINANCIAL CORP. 86 2.94% $11,185
KBHS HOME LOANS, LLC 85 3.12% $14,228
NOVA FINANCIAL & INVESTMENT CORPORATION 84 2.99% $8,608
MOVEMENT MORTGAGE, LLC 83 3.09% $10,527
Hometown Lenders, Inc. 78 3.03% $13,016
HOME MORTGAGE ALLIANCE, LLC 74 3.08% $12,715
INSPIRE HOME LOANS INC. 72 3.06% $11,396
Loan Simple, Inc. 68 3.15% $13,134
M2 Lending Solutions, LLC 67 2.93% $11,967
HOMEBRIDGE FINANCIAL SERVICES, INC. 66 2.78% $9,333
Colten Mortgage, LLC 64 2.95% $10,777
South Pacific Financial Corporation 63 2.78% $12,299
VILLAGE CAPITAL MORTGAGE 63 2.76% $4,254
FINANCE OF AMERICA MORTGAGE LLC 62 2.96% $11,137
V.I.P. MORTGAGE, INC. 61 2.98% $12,248
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 61 2.90% $11,114
Network Funding, L.P. 56 3.19% $14,799
THRIVE MORTGAGE, LLC 56 3.07% $13,639
American Mortgage & Equity Consultants, Inc. 55 3.02% $11,307
Bank of England 49 3.10% $13,311
CMG MORTGAGE, INC. 47 2.90% $10,631
Commerce Home Mortgage, Inc. 45 3.03% $12,689
PRIMELENDING, A PLAINSCAPITAL COMPANY 45 3.34% $13,594
AMERISAVE MORTGAGE CORPORATION 44 2.89% $11,459
SUN WEST MORTGAGE COMPANY, INC. 42 2.90% $10,452
PLAZA HOME MORTGAGE, INC. 38 2.70% $10,782
BOKF 37 3.05% $11,575
EVERETT FINANCIAL, INC. 37 3.25% $8,847
Plains Commerce Bank 37 2.79% $11,364
First Guaranty Mortgage Corporation 37 2.74% $8,492
AmeriHome Mortgage Company, LLC 37 2.76% $7,062
GUARANTEED RATE, INC. 35 2.82% $10,980
AMERICAN PACIFIC MORTGAGE CORPORATION 34 3.08% $11,507
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 34 3.27% $12,364
NBH Bank 32 3.02% $10,730
SOUTHWEST FUNDING, LP 31 3.25% $15,051
InterContinental Capital Group, Inc 31 2.54% $9,434
ALL WESTERN MORTGAGE, INC. 30 3.43% $14,033
DRAPER AND KRAMER MORTGAGE CORP. 30 3.09% $11,464
U.S. Bank 29 3.08% $10,526
ACADEMY MORTGAGE CORPORATION 29 3.19% $11,468
Elevations Credit Union 28 2.89% $11,403
SWBC MORTGAGE CORPORATION 27 3.27% $9,944
Financial Funding Solutions, Inc. 27 3.09% $12,003
SECURITYNATIONAL MORTGAGE COMPANY 27 2.97% $11,799
CORNERSTONE HOME LENDING, INC. 26 3.16% $12,463
BAY EQUITY LLC 26 3.01% $11,548
Summit Mortgage Corporation 25 3.27% $14,351
Gateway First Bank 24 3.38% $10,830
Ent Credit Union 24 2.63% $9,315
Franklin Loan Corporation 23 3.23% $12,607
Sunflower Bank 23 3.12% $11,875
IDEAL HOME LOANS LLC 23 2.70% $11,250
MOUNTAIN WEST FINANCIAL, INC. 23 3.07% $12,142
RESIDENTIAL BANCORP. 22 3.14% $14,978
LOANPAL, LLC 22 2.74% $12,787
AMERICAN FINANCIAL NETWORK, INC. 22 3.00% $15,343
First Western Trust Bank 22 2.69% $9,943
AMCAP MORTGAGE, LTD. 21 3.39% $15,530
PANORAMA MORTGAGE GROUP, LLC 20 3.40% $13,761
GUARANTEED RATE AFFINITY, LLC 20 2.76% $10,668
MUTUAL OF OMAHA MORTGAGE, INC. 19 3.09% $10,564
SUMMIT FUNDING, INC. 19 3.30% $14,893
Hometown Equity Mortgage, LLC 18 3.80% $13,173
The Federal Savings Bank 18 2.71% $13,156
Equity Prime Mortgage LLC 18 3.47% $9,410
NATIONS DIRECT MORTGAGE, LLC 18 2.79% $9,938
THE MORTGAGE COMPANY 17 3.02% $12,066
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 17 3.01% $11,283
The Home Loan Expert LLC 16 2.94% $10,939
JLB CORPORATION 16 2.73% $10,154
Flagstar Bank, FSB 15 2.75% $10,494
MORTGAGE SOLUTIONS OF COLORADO, LLC 14 3.12% $15,243
LEADERONE FINANCIAL CORPORATION 14 3.04% $10,685
MID AMERICA MORTGAGE, INC. 14 3.01% $5,356
UNION HOME MORTGAGE CORP. 14 2.38% $12,256
GENEVA FINANCIAL, LLC 12 2.68% $12,477
Assurance Financial Group, L.L.C. 12 2.96% $10,598
ARC HOME LLC 12 2.92% $10,506
TOP FLITE FINANCIAL, INC. 11 3.47% $22,358
LAND HOME FINANCIAL SERVICES, INC. 11 3.27% $13,516
Bank of the West 11 3.41% $8,524
HOMESIDE FINANCIAL, LLC 10 2.83% $13,127
NFM, INC. 10 3.24% $12,242
Bank of Colorado 9 3.04% $11,437
STEARNS LENDING, LLC 9 2.68% $11,840
DIRECTORS MORTGAGE, INC. 8 3.22% $11,690
VAN DYK MORTGAGE CORPORATION 8 3.25% $11,062
SOVEREIGN LENDING GROUP INCORPORATED 8 2.59% $10,433
HOMESPIRE MORTGAGE CORPORATION 8 3.09% $12,912
Century Mortgage Company DBA Century Lending Company 7 3.00% $9,453
KELLER MORTGAGE, LLC 7 2.45% $11,982
OCEANSIDE MORTGAGE COMPANY 7 2.75% $5,218
ZILLOW HOME LOANS, LLC 7 2.77% $11,969
KeyBank 6 3.10% $11,119
CHURCHILL MORTGAGE CORPORATION 6 3.21% $12,839
FIRST CONTINENTAL MORTGAGE, LTD. 6 3.04% $7,271
LENDING 3, INC. 6 2.96% $10,369
Prosperity Home Mortgage, LLC 6 3.27% $11,170
Sierra Pacific Mortgage Company, Inc. 6 2.75% $10,424
TOWNE MORTGAGE COMPANY 6 3.10% $11,003
ENVOY MORTGAGE, LTD 5 2.98% $10,046
MICHIGAN MUTUAL, INC. 5 2.83% $11,313
OCMBC, INC. 5 3.75% $15,587
Independent Bank 5 3.10% $11,048
T2 FINANCIAL LLC 5 3.28% $11,649
J. VIRGIL, INC. 5 2.75% $14,359
HOME FUNDING CORPORATION 5 3.30% $14,919
LOANLEADERS OF AMERICA, INC. 5 3.00% $12,904
LENDUS, LLC 4 2.91% $7,192
FIRST CENTENNIAL MORTGAGE CORPORATION 4 2.91% $10,977
MORIA DEVELOPMENT, INC. 4 3.09% $11,630
ON Q FINANCIAL, INC. 4 3.47% $12,771
Shea Mortgage Inc. 4 2.97% $10,823
JPMorgan Chase Bank 4 3.06% $6,345
CLEARPATH LENDING 4 3.19% $7,035
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.69% $10,181
NETWORK CAPITAL FUNDING CORPORATION 4 3.13% $9,774
The Central Trust Bank 4 2.91% $11,948
Low VA Rates, LLC 4 2.84% $6,606
UNITED MORTGAGE CORP. 3 2.67% $11,916
MANN FINANCIAL INC. 3 3.50% $12,356
Florida Capital Bank 3 2.58% $10,092
CONTOUR MORTGAGE CORPORATION 3 3.29% $9,957
Strong Home Mortgage, LLC 3 2.92% $6,758
NEXERA HOLDING LLC 3 3.21% $14,389
Citizens Bank 3 2.79% $7,268
Chickasaw Community Bank 3 2.54% $9,109
NP, Inc. 3 3.00% $9,973
First Home Bank 3 3.08% $10,515
Zions Bancorporation, N.A. 3 3.00% $8,895
TruHome Solutions, LLC 3 2.92% $9,504
BECKAM FUNDING CORP. 3 3.42% $10,784
UNITED SECURITY FINANCIAL CORP 3 2.46% $6,965
OPEN MORTGAGE, LLC 3 3.04% $8,810
AMERICAN FINANCIAL RESOURCES, INC. 3 2.92% $10,213
LADERA LENDING, INC. 3 3.25% $8,975
PILGRIM MORTGAGE LLC 3 3.29% $15,923
Home Mortgage Alliance Corp 3 3.00% $11,409
ENDEAVOR CAPITAL, LLC. 3 3.25% $8,411
GROUP MORTGAGE, LLC 3 3.13% $10,337
RELIANCE FIRST CAPITAL, LLC 3 3.00% $11,653
Residential Mortgage Solutions, Inc. 3 2.46% $10,396
WESTERN EXPRESS LENDING 2 2.25% $10,244
Colonial Savings, F.A. 2 3.13% $7,824
Mortgage Research Center, LLC 2 3.18% $10,313
WESTERRA CREDIT UNION 2 2.69% $9,421
ABSOLUTE HOME MORTGAGE CORPORATION 2 2.63% $8,411
PHH Mortgage Corporation 2 3.13% $5,997
TJC Mortgage, Inc. 2 3.00% $10,188
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.56% $8,921
CENTENNIAL LENDING, LLC 2 3.00% $12,370
Farmers & Stockmens Bank 2 2.38% $7,170
CANOPY MORTGAGE, LLC 2 2.25% $11,228
The Huntington National Bank 2 2.63% $11,291
NATIONS RELIABLE LENDING, LLC 2 3.31% $10,796
Prime Choice Funding Inc. 2 2.50% $9,842
GUARANTY HOME MORTGAGE CORPORATION 2 3.13% $10,269
M&T Bank 2 2.88% $9,022
INTERCAP LENDING INC. 2 3.06% $9,619
EMBRACE HOME LOANS, INC. 2 3.12% $14,063
RANLIFE, INC. 2 2.69% $12,090
HUNT MORTGAGE CORPORATION 2 2.75% $9,949
JET HOMELOANS, LLC 2 2.75% $13,771
Victorian Finance, LLC 2 3.50% $13,101
Midwest Mortgage Associates Corporation 2 3.19% $15,255
VERITAS FUNDING, LLC 2 3.31% $9,574
PARKSIDE LENDING, LLC 2 2.88% $9,813
Barrington Bank & Trust Company, N.A. 2 3.39% $10,493
Waterstone Mortgage Corporation 2 3.44% $10,973
MORTGAGE MANAGEMENT CONSULTANTS, INC. 2 2.69% $5,942
DAS Acquisition Company, LLC 1 2.55% $11,191
Magnolia Bank 1 2.63% $11,060
MidFirst Bank 1 2.75% $0
HOMESTAR FINANCIAL CORPORATION 1 4.25% $20,068
GREAT WESTERN FINANCIAL SERVICES, INC. 1 2.50% $7,934
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.38% $11,355
Glacier Bank 1 3.25% $9,620
Neighborhood Loans, Inc. 1 3.00% $9,878
GEO-CORP, INC. 1 2.75% $8,105
FLAT BRANCH MORTGAGE, INC. 1 2.63% $10,347
First Option Mortgage, LLC 1 3.13% $16,521
First National Bank of Omaha 1 3.38% $10,009
First Midwest Bank 1 3.50% $9,395
FIRST COLONY MORTGAGE CORPORATION 1 3.25% $10,948
PARTNERS UNITED FINANCIAL, LLC 1 2.99% $9,280
FirstBank 1 3.00% $10,952
Peoples Bank 1 3.13% $15,219
PIKE CREEK MORTGAGE SERVICES, INC. 1 4.13% $4,105
FBC MORTGAGE, LLC 1 2.75% $6,129
PLUS RELOCATION MORTGAGE, LLC 1 2.75% $12,460
EMM LOANS LLC 1 2.50% $10,835
Wyndham Capital Mortgage, Inc. 1 2.63% $6,576
PULTE MORTGAGE LLC 1 3.25% $11,320
DIRECT MORTGAGE, CORP. 1 2.75% $12,654
RUOFF MORTGAGE COMPANY, INC. 1 3.25% $5,681
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.75% $13,125
Sandy Spring Bank 1 3.25% $10,443
DELMAR FINANCIAL COMPANY 1 2.38% $5,676
DATA MORTGAGE, INC. 1 3.75% $7,673
LIBERTY HOME MORTGAGE CORPORATION 1 4.00% $21,354
COUNTRYPLACE MORTGAGE, LTD. 1 3.25% $12,794
Stifel Bank and Trust 1 2.50% $7,573
SUCCESS MORTGAGE PARTNERS, INC. 1 3.13% $18,842
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 2.25% $15,407
CERTAINTY HOME LOANS, LLC 1 3.13% $12,785
THOMPSON KANE & COMPANY, LLC 1 2.75% $10,259
BLUELEAF LENDING, LLC 1 2.50% $9,546
BELEM SERVICING LLC 1 3.25% $8,890
Truist 1 2.50% $8,816
Bank of America 1 3.38% $7,192
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.38% $7,985
AMERICAN ADVISORS GROUP 1 2.75% $9,531
AHL FUNDING 1 2.75% $17,173
VISION ONE MORTGAGE, INC. 1 2.38% $6,300
Watermark Capital, Inc. 1 2.38% $6,974
Wells Fargo Bank 1 3.13% $8,698
1ST FINANCIAL, INC. 1 3.25% $8,523

The top Denver FHA lender as defined by loan originations is AMERICAN FINANCING CORPORATION, with 1,366 FHA loans originated. Their average total fees are $10,371, which is $349 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Denver FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($4,254), MID AMERICA MORTGAGE, INC. ($5,356), CHERRY CREEK MORTGAGE, LLC ($6,779), Mr. Cooper ( Nationstar Mortgage ) ($6,785) and AmeriHome Mortgage Company, LLC ($7,062).

The lowest rate Denver FHA lenders (with over 10 loans originated) are UNION HOME MORTGAGE CORP. (2.38%), InterContinental Capital Group, Inc (2.54%), QUICKEN LOANS, LLC (2.59%), Ent Credit Union (2.63%) and HOME POINT FINANCIAL CORPORATION (2.65%).

Denver FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
DENVER-AURORA-LAKEWOOD, CO ADAMS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DENVER 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ELBERT 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO GILPIN 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO PARK 2022 $684,250 $875,950 $1,058,850 $1,315,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $549,488 (3.7%) $758,058 (4.2%) 2.04 3,796
2018-02-01 $549,950 (1.9%) $765,631 (3.0%) 2.00 3,929
2018-03-01 $549,900 (0.1%) $768,776 (2.1%) 1.93 4,296
2018-04-01 $545,000 (0.9%) $760,257 (3.2%) 1.85 4,875
2018-05-01 $532,400 (0.6%) $742,481 (2.6%) 1.78 5,451
2018-06-01 $520,000 (-0.5%) $717,321 (1.3%) 1.73 6,460
2018-07-01 $499,950 (-3.8%) $696,601 (-0.5%) 1.67 7,129
2018-08-01 $495,000 (-1.0%) $673,821 (-2.0%) 1.66 7,432
2018-09-01 $489,900 (-2.0%) $664,752 (-3.2%) 1.64 7,892
2018-10-01 $479,700 (-4.1%) $645,621 (-6.6%) 1.62 8,098
2018-11-01 $474,950 (-8.1%) $637,070 (-10.7%) 1.61 7,721
2018-12-01 $475,000 (-12.0%) $644,555 (-12.9%) 1.64 6,235
2019-01-01 $487,500 (-11.3%) $655,428 (-13.5%) 1.68 5,453
2019-02-01 $499,750 (-9.1%) $672,138 (-12.2%) 1.69 5,496
2019-03-01 $515,814 (-6.2%) $683,482 (-11.1%) 1.69 5,925
2019-04-01 $523,764 (-3.9%) $689,300 (-9.3%) 1.66 6,485
2019-05-01 $515,000 (-3.3%) $676,453 (-8.9%) 1.61 7,504
2019-06-01 $515,000 (-1.0%) $668,008 (-6.9%) 1.61 8,394
2019-07-01 $500,000 (0.0%) $656,650 (-5.7%) 1.57 8,909
2019-08-01 $498,564 (0.7%) $654,641 (-2.9%) 1.58 8,786
2019-09-01 $496,559 (1.4%) $653,212 (-1.7%) 1.59 8,634
2019-10-01 $495,223 (3.2%) $652,585 (1.1%) 1.60 8,457
2019-11-01 $499,000 (5.1%) $666,159 (4.6%) 1.64 7,201
2019-12-01 $497,450 (4.7%) $673,991 (4.6%) 1.66 6,136
2020-01-01 $527,450 (8.2%) $734,929 (12.1%) 1.76 3,893
2020-02-01 $550,000 (10.1%) $776,599 (15.5%) 1.80 3,622
2020-03-01 $551,036 (6.8%) $780,641 (14.2%) 1.73 4,310
2020-04-01 $542,498 (3.6%) $728,521 (5.7%) 1.70 4,951
2020-05-01 $544,365 (5.7%) $727,813 (7.6%) 1.65 5,861
2020-06-01 $545,000 (5.8%) $733,633 (9.8%) 1.60 6,541
2020-07-01 $540,000 (8.0%) $739,153 (12.6%) 1.57 6,058
2020-08-01 $538,486 (8.0%) $746,167 (14.0%) 1.54 5,765
2020-09-01 $521,959 (5.1%) $748,962 (14.7%) 1.50 5,379
2020-10-01 $515,000 (4.0%) $749,635 (14.9%) 1.48 4,882
2020-11-01 $519,000 (4.0%) $768,320 (15.3%) 1.52 3,943
2020-12-01 $528,258 (6.2%) $799,806 (18.7%) 1.57 2,919
2021-01-01 $525,000 (-0.5%) $811,419 (10.4%) 1.57 2,308
2021-02-01 $537,520 (-2.3%) $825,793 (6.3%) 1.56 2,166
2021-03-01 $549,950 (-0.2%) $843,875 (8.1%) 1.56 2,259
2021-04-01 $575,000 (6.0%) $886,614 (21.7%) 1.56 2,235
2021-05-01 $595,000 (9.3%) $893,937 (22.8%) 1.57 2,308
2021-06-01 $599,000 (9.9%) $873,201 (19.0%) 1.58 3,111
2021-07-01 $599,900 (11.1%) $850,234 (15.0%) 1.58 3,739
2021-08-01 $600,000 (11.4%) $839,879 (12.6%) 1.60 3,864
2021-09-01 $599,907 (14.9%) $843,996 (12.7%) 1.60 3,855
2021-10-01 $610,000 (18.5%) $845,421 (12.8%) 1.63 3,596
2021-11-01 $617,250 (18.9%) $861,701 (12.2%) 1.65 2,746
2021-12-01 $624,698 (18.3%) $896,145 (12.1%) 1.69 1,906
2022-01-01 $637,000 (21.3%) $975,912 (20.3%) 1.72 1,460
2022-02-01 $645,220 (20.0%) $979,063 (18.6%) 1.68 1,540
2022-03-01 $660,000 (20.0%) $967,090 (14.6%) 1.65 1,859
2022-04-01 $675,000 (17.4%) $960,993 (8.4%) 1.61 2,379
2022-05-01 $694,000 (16.6%) $941,494 (5.3%) 1.59 3,447
2022-06-01 $679,250 (13.4%) $882,870 (1.1%) 1.51 4,788
2022-07-01 $650,000 (8.4%) $839,653 (-1.2%) 1.47 6,199
2022-08-01 $632,500 (5.4%) $820,585 (-2.3%) 1.46 6,490
2022-09-01 $625,000 (4.2%) $819,046 (-3.0%) 1.46 6,512
2022-10-01 $620,000 (1.6%) $826,718 (-2.2%) 1.46 6,594
2022-11-01 $605,045 (-2.0%) $826,019 (-4.1%) 1.46 6,044
2022-12-01 $600,000 (-4.0%) $828,783 (-7.5%) 1.50 4,692
Denver's median listing price for 2022-12-01 was $600,000, a difference of $-24,698 (-4.0%) versus the prior year and $-5,045 versus the prior month.

Denver's median listing price comes in at 150% of the national average.

Denver's average listing price for 2022-12-01 was $828,783, a difference of $-67,362 (-7.5%) versus the prior year and $2,764 versus the prior month.

For the 2022-12-01 period, Denver had 4,692 MLS listings, a difference of -1,352 listings (-22%) versus the prior month and 2,786 listings (146%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 58 days 2,959 sqft
2018-02-01 36 days 2,978 sqft
2018-03-01 27 days 2,980 sqft
2018-04-01 24 days 2,924 sqft
2018-05-01 23 days 2,879 sqft
2018-06-01 25 days 2,776 sqft
2018-07-01 30 days 2,712 sqft
2018-08-01 35 days 2,632 sqft
2018-09-01 37 days 2,592 sqft
2018-10-01 38 days 2,500 sqft
2018-11-01 45 days 2,468 sqft
2018-12-01 58 days 2,462 sqft
2019-01-01 61 days 2,466 sqft
2019-02-01 33 days 2,483 sqft
2019-03-01 31 days 2,531 sqft
2019-04-01 29 days 2,581 sqft
2019-05-01 28 days 2,567 sqft
2019-06-01 31 days 2,560 sqft
2019-07-01 36 days 2,510 sqft
2019-08-01 39 days 2,476 sqft
2019-09-01 41 days 2,441 sqft
2019-10-01 43 days 2,418 sqft
2019-11-01 51 days 2,401 sqft
2019-12-01 63 days 2,307 sqft
2020-01-01 62 days 2,538 sqft
2020-02-01 35 days 2,855 sqft
2020-03-01 24 days 2,764 sqft
2020-04-01 34 days 2,677 sqft
2020-05-01 38 days 2,698 sqft
2020-06-01 33 days 2,514 sqft
2020-07-01 34 days 2,410 sqft
2020-08-01 32 days 2,260 sqft
2020-09-01 31 days 2,138 sqft
2020-10-01 31 days 2,016 sqft
2020-11-01 40 days 1,924 sqft
2020-12-01 51 days 1,896 sqft
2021-01-01 43 days 1,872 sqft
2021-02-01 18 days 1,945 sqft
2021-03-01 10 days 2,034 sqft
2021-04-01 9 days 2,171 sqft
2021-05-01 8 days 2,207 sqft
2021-06-01 9 days 2,260 sqft
2021-07-01 16 days 2,272 sqft
2021-08-01 19 days 2,218 sqft
2021-09-01 23 days 2,208 sqft
2021-10-01 24 days 2,240 sqft
2021-11-01 30 days 2,224 sqft
2021-12-01 40 days 2,200 sqft
2022-01-01 27 days 2,195 sqft
2022-02-01 8 days 2,209 sqft
2022-03-01 7 days 2,276 sqft
2022-04-01 6 days 2,296 sqft
2022-05-01 10 days 2,457 sqft
2022-06-01 16 days 2,429 sqft
2022-07-01 23 days 2,376 sqft
2022-08-01 31 days 2,323 sqft
2022-09-01 36 days 2,303 sqft
2022-10-01 37 days 2,299 sqft
2022-11-01 47 days 2,285 sqft
2022-12-01 61 days 2,255 sqft
Denver's median listing age (time on market) for 2022-12-01 was 61 days. This is 53% longer than the same period one year ago.

Denver's median square footage for active listings during the 2022-12-01 period was 2,255 sqft. One year prior, the average listing was 2,200 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).